RATE Group | EOS, Ethereum and MATIC Daily Tech Analysis – 11/12/19
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EOS, Ethereum and MATIC Daily Tech Analysis – 11/12/19

11 Dec EOS, Ethereum and MATIC Daily Tech Analysis – 11/12/19

Posted at 14:37h in Ethereum News by

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EOS

EOS fell by 2.04% on Tuesday. Following on from a 3.16% slide on Monday, EOS ended the day at $2.6161.

A range-bound start to the day saw EOS strike an early morning intraday high $2.6851 before falling back to a late morning low $2.6430.

Steering clear of the major support and resistance levels, EOS slid to a late afternoon intraday low $2.5762.

EOS fell through the first major support level at $2.6080 before finding support late in the day to close out at $2.61 levels.

At the time of writing, EOS was down by 0.1% to $2.6135. A mixed start saw EOS rise to an early morning high $2.6275 before falling to a low $2.6080.

EOS left the major support and resistance levels untested early on.

For the day ahead

EOS would need to move back through to $2.6250 levels to support a run at the first major resistance level at $2.6742.

Support from the broader market would be needed, however, for EOS to break back through to $2.62 levels.

Barring a broad-based crypto rally, the first major resistance…

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